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FL S0156
Bill
Status
3/10/2022
Primary Sponsor
Douglas Broxson
Click for details
AI Summary
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Amends the definition of "loss run statement" for group health insurance to include premiums paid, monthly number of insureds, and dependent status, in addition to standard claims information.
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Requires insurers to provide loss run statements within 15 calendar days after an insurer-designated individual or entity receives a written request, rather than upon receipt of the request.
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Reduces the required claims history period for group health insurance loss run statements from 5 years to 3 years, while maintaining the 5-year requirement for other insurance lines.
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Restricts loss run statement requests for group health insurance policies to group policyholders only, preventing individual employees from requesting statements.
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Exempts life insurers and repeals section 627.6647 relating to release of claims experience.
Legislative Description
Loss Run Statements
Last Action
Ordered engrossed, then enrolled
3/10/2022